Tag: Ricardo Reis

Ricardo Reis, economics professor at the London School of Economics, explained that there were telling signs that the increase in cost of living started ealry-2021 was not a "transitory" phenomenon.

Long-run stability of the velocity, or the filpside of it, money demand, however, is not a empirically founded assumption.

Nothing would make us more proud than seeing intelligent and informed people discuss the ideas we have put forth in the interview series. So...

This is the eighth installment of our interview series “Where is the General Theory of the 21st Century?”In this installment, we continue our talk...

In the interview, Ricardo Reis discuss with us his latest research project - "Reservism", the study of the role of reserves on central bank balance sheets and their implications for central bank solvency, quantitative easing, and the ability to control inflation.

The payment on reserve process proposed by Robert Hall and Ricardo Reis is a way of remunerating reserves which would give the central bank...

The Saturated Level of Reserves or efficient level of reserves, is the point which the opportunity cost for banks to hold reserves disappears, and became indifferent towards holding more reserves. The reserve demand curve beyond this point becomes close to horizontal.

The above figure shows the balance sheet of four major central banks from 2005 to 2015. Above the horizontal axis is the asset side...